Review of the quarter's economic trends [February 1983]

David Simpson; David Bell; Robert Crawford; James McGilvray; Iain McNicoll; Lyle Moar; Noreen O'Donnell; Elizabeth Tait; James Walker; Alison Wingfield; David Simpson

Review of the quarter's economic trends [February 1983]

David Simpson, David Bell, Robert Crawford, James McGilvray, Iain McNicoll, Lyle Moar, Noreen O'Donnell, Elizabeth Tait, James Walker, Alison Wingfield, David Simpson (Editor)

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Abstract

Most forecasters, including the Treasury itself, predict a modest recovery in the economy this year. The emphasis is however on "modest", with predictions for
GDP growth in the range of 1.5$-2.5%, and a further rise in unemployment. In the past month however there have been more favourable indications of renewed
growth in the international economy, particularly in the United States, and this, combined with the recent depreciation of sterling, will improve the prospects for UK exports. Actual growth in GDP may be therefore nearer the upper end of the recent range of forecasts. Further analysis of the UK's economic prospects, as well as the world economy, are provided in this trend paper.

Original language	English
Pages (from-to)	1-5
Number of pages	5
Journal	Quarterly Economic Commentary
Volume	8
Issue number	3
Publication status	Published - Feb 1983

Keywords

UK economic trends
world economic performance
global GDP growth

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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title = "Review of the quarter's economic trends [February 1983]",

abstract = "Most forecasters, including the Treasury itself, predict a modest recovery in the economy this year. The emphasis is however on {"}modest{"}, with predictions forGDP growth in the range of 1.5$-2.5%, and a further rise in unemployment. In the past month however there have been more favourable indications of renewedgrowth in the international economy, particularly in the United States, and this, combined with the recent depreciation of sterling, will improve the prospects for UK exports. Actual growth in GDP may be therefore nearer the upper end of the recent range of forecasts. Further analysis of the UK's economic prospects, as well as the world economy, are provided in this trend paper.",

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AU - Simpson, David

AU - Bell, David

AU - Crawford, Robert

AU - McGilvray, James

AU - McNicoll, Iain

AU - Moar, Lyle

AU - O'Donnell, Noreen

AU - Tait, Elizabeth

AU - Walker, James

AU - Wingfield, Alison

A2 - Simpson, David

PY - 1983/2

Y1 - 1983/2

N2 - Most forecasters, including the Treasury itself, predict a modest recovery in the economy this year. The emphasis is however on "modest", with predictions forGDP growth in the range of 1.5$-2.5%, and a further rise in unemployment. In the past month however there have been more favourable indications of renewedgrowth in the international economy, particularly in the United States, and this, combined with the recent depreciation of sterling, will improve the prospects for UK exports. Actual growth in GDP may be therefore nearer the upper end of the recent range of forecasts. Further analysis of the UK's economic prospects, as well as the world economy, are provided in this trend paper.

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ER -

Review of the quarter's economic trends [February 1983]

Abstract

Keywords

UN SDGs

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